BONKUSD trade ideas
BONK Long DCA 4.7:1 RRDivergence on all exchange volume played out as expected causing a retracement here.
Looking for a long entry down towards the upward trend line of the large ascending triangle pushing up to the 2940 level.
Setting buys for DCA at 2600. 2500. 2400, 2300 looking for an average entry around the pocket between 0.5 and 0.68 Fib level of the last run up.
Target 1: 0.00003700
Target 0.00004667
RR: 4.7:1
SL 2070, or more aggressive under the support at 2250
BONK - Trade setupTechically speaking, BONK is one of the most bullish charts I am looking at, again just my persepctive. We are close to all time highs, and memecoins continue to be leading the market when Bitcoin recovers. We’ve see PEPE be a big winner this week as well.
Below are some thoughts on BONK using Fibonacci analysis.
Bullish scenario
BONK needs to get above the 0.618 ‘golden-ratio’ fib for this technical setup to be valid to begin with. From there the next targets is the previous high, the 1.212 fib and the 1.618 fib. From current prices, the upper target is an ~100% move.
Bearish scenario
A breakdown from here and making a new local low would be a bearish move, that could take some time to recover in my opinion.
BONK.usd eyes on 349k: possible top and "lower high"This is a follow up to my previous Top Call (click)
We topped exactly where expected per the last plot above.
Retrace and bounce were plotted in updates to above idea.
We are now at a proven Golden fib that might end our bounce.
BONK.usd heads up at 1345: Break could run, or reject to new lowBONK is about to hit a Golden fib at 0.00001345.
Sister golden fibs above have rejected with gusto.
Break would signal strength again, or reject doom.
==============================================
.
Another iH&SiHS + 8h Cloud breakout
Bonus: also had an A&E in the R shoulder
entry: accumulate when confident, add on breakout, add on neckline
exit: 1.618 + measured move
stop loss: <R Shoulder
NFA
BONK Trade Idea*** You're absolutely insane if you take my advice on anything ***
YOur risk
Your Reward
But BONK may have some sort of setup for a run ...
Who knows
It's possible
Bull market things,..
$BONKUSDNot financial advice.
COINBASE:BONKUSD still trapped in the middle of this triangle it will take some time before they decide witch direction will go.
couple ideas #1 Fibonacci with an upside.
#2 with a rejection of the channel to the downside.
Like and subscribe for more ideas.
Thanks.
parabolic for bonkready set go...
confirmation on top of wedge on 4h
crossing RSI
looking good
nou loading for break resistance 0.0000293
Too Easy...Make sure if you're charting this to look at inception data (most places don't have it) Dex Screener shows it and volume confirms we've had 5 waves up and corrected - We're likely early stages of wave 3 here and going to go parabolic this year.
Getting Closer 2hrs tops Before wedge closes and it either breaks or bust all signs point to higher places tho my predictions the next bull run will move us up to .00004500-.00005500 range not certain on if it will be this wedge closing or the next but it’s closer than most
4H Bull Flag Let’s Soar If it breaks the resistance then we’re golden if it fails the support test we may drop more but over all BONk is going to be a banger in time
Bullish Wedge Flag potential Idk a lot but I’m applying what works for me don’t apply my ideas or tactics as guaranteed or accurate even bc I’m not a professional just a enthusiast
7:1 RR - Long BONK - Multiple ConfluencesLong BONK for following reasons:
* Bottom of channel bounce
* Bounce from FIB pocket 0.618
* RSI Divergence
* Combined exchange volume divergence
A great opportunity in an upward trend that has pulled back to the bottom of the channel. Low Risk, high reward. Really pumped yesterday and looks like Bitcoin is gonna lead the way today (though it can always ruin the party here)
BONKUSD: Crossed above the 1D MA50. Strong buy.Bonk turned bullish again on its 1D technica outlook as the rebound that started on the 1D MA200, crossed yesterday over the 1D MA50 after two weeks. Since the underlying pattern is a Channel Up, we consider this the bullish confirmation that this move is the new bullish wave. The previous peaked on the 1.236 Fibonacci extension. We will pursue that very same Fib target (TP = 0.0000650).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Way too simple for BonkExpecting a bounce up from that area and over 100X potential; if haven’t bought bonk. Buy it and hold it
I owned about $11.8 million Bonk tokens
Don’t panic and sell; hold it
Bonk Falling Wedge Break Out 100% INCOMINGBONK has completed a nice consolidation with its falling wedge formation which we have broken out from. I expect a retest at the break of the wedge upper trend line then a continuation higher to the white line marked above.
BONK Price Ready For Massive April Rally!Bullish Reversal Initiated: The asset teases a bullish reversal from a key demand level.
Recovery Rally Underway: Currently on its fourth day of recovery, targeting significant price milestones.
Momentum With Meme Coins: Gains additional momentum as Bitcoin stabilizes, drawing big investor support.
Surge in Trading Volume: A notable 61% increase in trading volume indicates heightened interest and potential entry points.
Potential for Top Performance: The asset is positioned to become a standout performer in the meme coin sector.
Critical Support Level: Buyers establish a strong base, setting the stage for a bullish reversal.
Price Lift-off: The asset experiences a 24% rise from its base, indicating strong buying pressure.
Technical Indicators Align: MACD and RSI suggest a trend reversal and increasing buying momentum.
Challenge of Overhead Supply: The asset faces the next major resistance level, with a strategy to overcome it.
Price Targets: Sets ambitious price targets based on current momentum and technical analysis.
Investor Sentiment: Growing positive sentiment around the asset, spurred by overall market conditions.
$Bonk trade idea still in playCRYPTOCAP_OLD:BONK idea trade still in play if/when it breaks bull flag. target pin high
Such a move from Bunk is not far from expectedMore than 3500% growth of the bonk
But before that, there is a downgrade
Meme Season...So we're correcting currently and all the noobs are panic selling who recently fomo'd in on extreme greed lol...Moving forward I'm of the belief I have found the best Meme plays in the market here for upside potential - Yes we can correct a bit more and fall lower in the short term but it will be short lived and very trivial to what's coming I believe. Last cycle Doge peaked around $100B market cap and I think we will see one if not multiple meme coins reach this market cap again - This cycle we don't have the Gas fee issue anymore on Solana as the barrier to entry has been completely removed and anyone/everyone can gamble on memes with $100 or so and have $100 of that coin without being shafted on gas fees (This is very important) and will play a key role to the meme mania I see coming specifically on Solana, The flood gates have been opened and the liquidity waves coming into memes are going to shock the masses.
